Expert RA Confirms Corporate Finance Bank Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed its Level A credit rating (high creditworthiness) in respect of Corporate Finance Bank. The rating outlook has been changed from stable to positive. Positive outlook means that the rating is likely to be upgraded in the medium term.
As key positive factors, the Agency points out high level of capital adequacy and low level of bad debt.
Major factors negatively affecting the credit standing of the bank include, as before, high concentration of activities in risky loan arrangements and low yield values.
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